THIS BTC move MAY be a TRAP , Short below 39200 🔴short btc below 39200, may be a trap
a final dump is pending in btc, its a great time for a dump, as the volumes are pumping for 40kkk
BITCOIN TARGET 40000$As shown in graph,
BITCOIN should broke RESISTANCE,
RESISTANCE AREA is till 38100,
IF it brokes our target will be 40000$.
IF it brokes and stays above 38100$ for more than a week,
Our next target will be 46000$.
Note : This is my pre market analysis.
You are responsible for whatever you do.
BTC to $39K: Is this the beginning of Bullish trend?BINANCE:BTCUSDT is approaching higher levels after a prolonged wait. According to the current trend, BTC is likely to reach $39000, possibly even $40000 by the end of this month, followed by a correction to the $34000 range.
This could be the last opportunity to maximize the benefits of the upcom
Bitcoin Trade SetupBitcoin has currently pierced all the supplies
- Bitcoin can get rejected from 43k soon or might go sideways
- If you are worried about Alts not pumping then the money is currently flowing more into BTC
- BTC dominance clearly depicts that, expect some more Btc money inflow
- BTC dominance chart
Bitcoin Bearish Pattern So ready for $31500 ?Bitcoin Analysis Update
Current Status: Near Parallel Channel Resistance
Bitcoin is currently hovering near the parallel channel resistance, with a range between $40,500 and $41,000. The recent price action resembles a rising wedge, suggesting a potential bearish move if the $41,000 level faces
BITCOIN STRONG BREAKOUT ?CMP 34400
any dip upto 32K is buy
as 32000 was strong supply zone which beacame demand zone now
formation of cup and handle pattern
and breakout done
target 35000 / 36000 / 37000 / 38000 / 39000++
Regards..
Keshav..
24/10/2023
Bitcoin price could scrap $40,000 before a bigger dipBTC Target: Bitcoin (BTC) aims for $40,000, driven by a rising RSI at 68, signaling further upward potential.
Bullish Indicators: The Awesome Oscillator (AO) supports bulls, displaying green bars amid positive momentum.
Current Price: BTC stands at $39,462, with the potential to surpass $39,778 be
Bitcoin : Profiting with the BTC CALL Plunge StrategyBullish View on BTCUSDT
Trade:
Buy 42000 Call option of 5 December expiry @ $150
Sell (2x) 428000 Call option of 5 December expiry @ $75 each
Stop Loss: Spot level = $39000
Target: Spot level of $42800
Payoff at Expiry:
Max Profit: $800/BTC
Rationale:
BTC has exhibited a pattern of achieving
$BINANCE:BTCUSDT SIP only when the herd is fearful for Wealth.BINANCE:BTCUSDT SIP only when the herd is fearful for Wealth generation.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
BTC is trading at important levels BTC is trading at important levels on one Day chart. Watch these levels carefully any upside breakout will take at new higher level but regression channel shows downside is highly probabilistic.
For paper trade only.
Chart analysis for educational purpose only.
Trade with proper stoploss and prop
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